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Algorithm · Jul 7, 2026

The Corporate Tapeworm

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Warren Buffett on the Great Inflation Myth

In 2011, the editors at Barron’s made a brilliant decision to republish a seminal piece of financial literature. The essay in question was originally penned by Warren Buffett in 1977 for Fortune magazine, and it explored a deeply uncomfortable truth about the stock market. For decades, the prevailing wisdom among the investing public was that equities s…

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